Depository Contracts for Charter Schools
A charter holder must have a depository bank into which the 香港六合彩开奖结果2023 deposits funds for the charter holder. The charter holder creates a depository relationship with a bank by executing a depository contract with the bank.听
Related Texas Rules and Statutes
- , relating to deposit of state funds by charter holder
- , including听the definition of 鈥渂ank鈥 as related to school districts and referenced in the depository contract for charter holders
- , relating to filing date
- , relating to the requirement for a depository bank
- , relating to filing of documents
- Financial Accountability System Resource Guide, Module 2:听Special Supplement鈥擟harter Schools听(PDF, 1,319KB)
Procedure for Depository Contract鈥擟harter Holder Annual Submission Due December 1
By December 1 of each year, the charter holder must either:
- complete and submit a 听or
- 听Depository Contract for Funds of Open-Enrollment Charter Schools (PDF, 401KB)听to the 香港六合彩开奖结果2023 Financial Compliance Division and a
- 听Direct Deposit Authorization Form (PDF, 743 KB)
or
- file a signed statement听that there have been no changes to the accepted depository contract currently on file with 香港六合彩开奖结果2023.
The contract and direct deposit form or the statement must be submitted electronically through the Texas Education Agency Login (香港六合彩开奖结果2023L) Audit application. See Electronic Submission of Depository Contract Files at the bottom of this page.
Review the instructions below before submission because the depository contract and the direct deposit form will not be accepted if the forms are incomplete or incorrect.
- Depository Contract for Funds of Open-Enrollment Charter Schools (PDF, 401 KB)
- Summary of Laws and Procedures Pertaining to Depository Contracts for the Funds of Open-Enrollment Charter Schools听(PDF, 26KB)
Account Information Update听
If direct deposit account information changes,听a new vendor direct deposit authorization form must be submitted.
Electronic Submission of Depository Contract Files
Please review the Depository Contracts Electronic Submission Process for instructions on submitting depository contract files to 香港六合彩开奖结果2023.
Thanh Quach (512) 463-7652 or thanh.quach@tea.texas.gov
Financial Compliance Division
Phone: (512) 463-9095
Fax: (512) 463-1777
Email: DepositoryContract@tea.texas.gov
听